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  • Ethereum  price in the second part of the session on Thursday is trading in minor positive up just some 0.05%.  
  • ETH/USD price action via the daily chart view is moving within an ascending channel, somewhat of a bear flag.  
  • Vulnerabilities remain pointed to the downside given current technical structures.  

 

Spot rate:                  161.06

Relative change:      +0.05%

High:                         163.55

Low:                          159.50

 

ETH/USD 60-minute chart

  • As seen via the 60-minute chart view, the price is moving clearly within a bearish flag formation.  

ETH/USD daily chart

  • Ascending channel seen via the daily chart view, subject to a potential breakout south.